On Wednesday, Suncor Energy Inc. (USA) (NYSE:SU)’s shares declined -1.67% to $27.03.
Suncor Energy Inc. (USA) (SU) declared that it has reached a contract with TransAlta Corporation to exchange Suncor’s Kent Breeze and its share of the Wintering Hills wind power facilities for TransAlta’s Poplar Creek cogeneration facilities. The Poplar Creek facilities provide steam and power for Suncor’s Oil Sands Base site in Fort McMurray Alberta.
As part of the agreement, Suncor will acquire two steam turbine generators, transmission and distribution infrastructure, counting the interconnection to the Alberta power grid, and the balance of plant assets at the 376 megawatt (MW) Poplar Creek cogeneration facility. Additionally, under a contract with TransAlta until 2030, Suncor will assume operating control of two gas turbine generators and heat recovery steam generators at Poplar Creek. Following 2030, ownership of the gas turbine generators and heat recovery steam generators will transfer to Suncor.
Suncor Energy Inc. operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada’s Athabasca oil sands; explores, acquires, develops, produces, and markets crude oil and natural gas in Canada and internationally; transports and refines crude oil; markets petroleum and petrochemical products primarily in Canada; and markets third party petroleum products. It operates in Oil Sands; Exploration and Production; Refining and Marketing; and Corporate, Energy Trading, and Eliminations segments.
Whole Foods Market, Inc. (NASDAQ:WFM)’s shares gained 0.03% to $39.90.
Whole Foods Market, Inc. (WFM) declared it will issue financial results for the Company’s third fiscal quarter ending July 5, 2015, after the market closes on Wednesday, July 29, 2015. Following the release via the wire services, the Company will host a conference call with financial analysts and investors from 4:00 - 4:45 p.m. (CT).
Whole Foods Market, Inc. operates as a retailer of natural and organic foods. The company’s stores offer produce and floral, grocery, meat, seafood, bakery, prepared foods and catering, coffee, tea, beer, wine, cheese, nutritional supplements, vitamins, and body care products, in addition to lifestyle products, counting books, pet products, and household products. As of May 7, 2015, the company had about 417 stores worldwide.
At the end of Wednesday’s trade, Enterprise Products Partners L.P. (NYSE:EPD)‘s shares dipped -1.77% to $30.02.
Enterprise Products Partners L.P. (EPD) declared that the board of directors of its general partner declared an enhance in the quarterly cash distribution paid to partners to $0.38 per common unit, or $1.52 per unit on an annualized basis. The quarterly distribution will be paid on Friday, August 7, 2015, to unitholders of record as of the close of business on Friday, July 31, 2015. This distribution, which represents a 5.6 percent enhance over the distribution declared with respect to the second quarter of 2014, is the 53rd distribution enhance since Enterprise’s initial public offering in 1998 and the 44th successive quarterly enhance.
Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products in the United States and internationally. Its NGL Pipelines & Services segment provides natural gas processing and related NGL marketing services, in addition to import and export terminal services. This segment operates NGL pipelines aggregating about 19,400 miles; NGL and related product storage facilities; and 15 NGL fractionators. The company’s Onshore Natural Gas Pipelines & Services segment operates about 19,300 miles of onshore natural gas pipeline systems to gather and transport natural gas in Colorado, Louisiana, New Mexico, Texas, and Wyoming. This segment also leases salt dome natural gas storage facilities; and markets natural gas. Its Onshore Crude Oil Pipelines & Services segment operates about 5,400 miles of onshore crude oil pipelines; and markets crude oil.
TE Connectivity Ltd (NYSE:TEL), ended its Wednesday’s trading session with -2.62% loss, and closed at $61.77.
TE Connectivity Ltd (TEL) ), a world leader in connectivity, will report fiscal year 2015 third quarter results before trading starts on July 22, 2015. The company will hold a conference call for investors at 8:30 a.m. EDT. The call can be accessed in the following ways:
TE Connectivity Ltd., together with its auxiliaries, designs and manufactures connectivity and sensors solutions. It operates through four segments: Transportation Solutions, Industrial Solutions, Network Solutions, and Consumer Solutions. The Transportation Solutions segment offers electronic components, counting terminals and connectors, relays, and sensors, in addition to application tooling, wire and heat shrink tubing, and other custom-engineered solutions for the automotive market, such as industrial and commercial vehicle, and hybrid and electric vehicle markets.
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